Securities Lending Trader, Prime Services, Vice President

About the role

The Securities Lending Trader will play a key role in managing and growing State Street Prime Services' securities lending franchise. This role requires a strong market expertise, commercial acumen, and relationship management skills to drive revenue growth and expand State Street's presence in the securities finance landscape.

Responsibilities

• Borrow and lend securities to facilitate client short sales and financing activities across global markets.
• Manage and optimize inventory utilization, balancing client demand, funding considerations, regulatory requirements, and balance sheet efficiency.
• Structure and negotiate securities lending and financing transactions, identifying hard-to-borrow opportunities, special situations, and market dislocations to maximize profitability while effectively managing risk.
• Provide market color, borrow intelligence, and trading insights to hedge fund clients, portfolio managers, sales teams, and internal stakeholders.
• Develop and maintain strong relationships with hedge funds, broker-dealers, agent lenders, and other securities finance counterparties.
• Partner closely with Sales and Client Management teams to grow client relationships and increase wallet share.
• Collaborate with Product, Technology, Operations, Treasury, and Risk teams to enhance platform capabilities and client experience.
• Represent State Street in the marketplace, helping build the firm's profile as a leading provider of financing and securities lending solutions.
• Monitor market developments, regulatory changes, and industry trends to identify new business opportunities and improve trading strategies.

Qualifications

• 5+ years’ experience in Securities Finance trading.
• Self-starter, motivated by making the entire team successful.
• Proficiency in Bloomberg and Microsoft Office, specifically Excel.

Skills

• Superior problem solving, analytical, and technical skills.
• Outstanding communication (written and oral) and interpersonal skills; ability to interact professionally with business leaders and technical teams alike.
• Extremely flexible with a “do anything” mentality”; creative and willing to challenge current paradigms.

Benefits

State Street offers a comprehensive benefits program, including:

• Retirement savings plan (401K) with company match.
• Insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages.
• Paid-time off including vacation, sick leave, short term disability, and family care responsibilities.
• Access to our Employee Assistance Program.
• Incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans).
• Eligibility for certain tax advantaged savings plans.

Pay

$170,000 - $173,750 Annual

Schedule

This job needs to be performed primarily in the office.